SHIB Reclaims $0.000006 Level as Key Support While Overall Downtrend Persists

Shiba Inu has recovered back above the $0.000006 level after a sharp breakdown, turning this zone into immediate support. The token remains below declining moving averages, and its broader trend is still bearish as traders watch whether consolidation above $0.000006 can hold. If SHIB maintains this support and forms higher lows, it may attempt a move toward nearby resistance, while a drop below $0.000006 could reopen the path to recent lows.